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Outfront Media

217 hedge funds and large institutions have $2.42B invested in Outfront Media in 2018 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 79 increasing their positions, 80 reducing their positions, and 32 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,736% more call options, than puts

Call options by funds: $5.75M | Put options by funds: $313K

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

1% less repeat investments, than reductions

Existing positions increased: 79 | Existing positions reduced: 80

2.01% less ownership

Funds ownership: 100.97%98.97% (-2%)

3% less funds holding

Funds holding: 223217 (-6)

12% less capital invested

Capital invested by funds: $2.76B → $2.42B (-$336M)

13% less first-time investments, than exits

New positions opened: 28 | Existing positions closed: 32

Holders
217
Holders Change
-6
Holders Change %
-2.69%
% of All Funds
4.84%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.07%
New
28
Increased
79
Reduced
80
Closed
32
Calls
$5.75M
Puts
$313K
Net Calls
+$5.43M
Net Calls Change
-$3.15M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$358M +$3.38M +177,732 +0.9%
JP Morgan Chase
2
JP Morgan Chase
New York
$313M -$2.65M -139,347 -0.8%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$219M +$1.62M +85,157 +0.7%
BlackRock
4
BlackRock
New York
$130M -$2.87M -150,978 -2%
Cohen & Steers
5
Cohen & Steers
New York
$104M -$15.4M -813,031 -12%
Janus Henderson Group
6
Janus Henderson Group
United Kingdom
$79.7M +$2.98M +156,999 +4%
Bank of New York Mellon
7
Bank of New York Mellon
New York
$72.7M +$67.3K +3,542 +0.1%
Macquarie Group
8
Macquarie Group
Australia
$65.3M -$6.26M -329,460 -8%
DRZID
9
DePrince Race & Zollo Inc (DRZ)
Florida
$60.7M -$7.39M -389,104 -10%
TIM
10
Thornburg Investment Management
New Mexico
$60.3M +$4.75M +250,032 +8%
CVA
11
Ceredex Value Advisors
Florida
$52.2M -$1.4M -73,909 -2%
ESCM
12
Echo Street Capital Management
New York
$46.8M +$20.5M +1,077,851 +70%
Point72 Asset Management
13
Point72 Asset Management
Connecticut
$36.6M +$7.85M +413,015 +25%
Dimensional Fund Advisors
14
Dimensional Fund Advisors
Texas
$36M +$4.99M +262,399 +15%
Millennium Management
15
Millennium Management
New York
$35.2M +$28.9M +1,523,672 +339%
State Street
16
State Street
Massachusetts
$34.1M +$496K +26,121 +1%
Renaissance Technologies
17
Renaissance Technologies
New York
$32.5M +$21.2M +1,114,118 +157%
Norges Bank
18
Norges Bank
Norway
$27.3M +$2.18M +114,669 +8%
Capital World Investors
19
Capital World Investors
California
$27M -$18.1M -954,393 -39%
Neuberger Berman Group
20
Neuberger Berman Group
New York
$26.3M -$5.05M -265,563 -15%
Balyasny Asset Management
21
Balyasny Asset Management
Illinois
$25.8M +$9.55M +502,627 +53%
Geode Capital Management
22
Geode Capital Management
Massachusetts
$24.2M +$1.02M +53,477 +4%
Wellington Management Group
23
Wellington Management Group
Massachusetts
$24M -$12.2M -642,081 -32%
Wells Fargo
24
Wells Fargo
California
$22.5M +$1.1M +57,734 +5%
TCIM
25
TIAA CREF Investment Management
New York
$19.9M +$5.52M +290,791 +35%

OUT Hedge Fund Activity: Q4 2018 in Review

217 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Outfront Media (OUT) for Q4 2018, worth a combined $2.42B — down 12% from $2.76B a quarter earlier.

Sellers outnumbered buyers: 32 funds closed out of OUT and 28 opened new positions — a net loss of 4 holders — while 80 trimmed existing stakes and 79 added.

The largest buyer was Millennium Management, adding an estimated $28.9M. The largest seller was Jackson Square Partners, exiting entirely with an estimated $43.3M sold.

  • 217 institutional investors held Outfront Media (OUT) as of Q4 2018, down from 223 in Q3 2018.
  • Funds reported $2.42B of Outfront Media stock for Q4 2018, down 12% quarter-over-quarter.
  • 28 funds opened new Outfront Media positions in Q4 2018 and 32 closed out, a net change of -4 holders.
  • The largest Outfront Media buyer in Q4 2018 was Millennium Management, an estimated $28.9M added.
  • The largest Outfront Media seller in Q4 2018 was Jackson Square Partners, an estimated $43.3M sold.

Based on aggregated 13F filings for Q4 2018.